Viper Energy Inc. (NASDAQ:VNOM – Free Report) – Equities research analysts at Roth Capital dropped their FY2026 earnings estimates for Viper Energy in a research report issued on Wednesday, October 15th. Roth Capital analyst L. Mariani now anticipates that the oil and gas producer will post earnings per share of $0.76 for the year, down from their previous estimate of $0.98. Roth Capital has a “Buy” rating and a $50.00 price target on the stock. The consensus estimate for Viper Energy’s current full-year earnings is $2.02 per share.
A number of other equities research analysts have also recently weighed in on the stock. Barclays dropped their price target on shares of Viper Energy from $60.00 to $57.00 and set an “overweight” rating for the company in a research report on Tuesday, October 7th. Raymond James Financial reiterated an “outperform” rating and set a $57.00 price target (down from $60.00) on shares of Viper Energy in a research report on Tuesday, July 29th. Mizuho dropped their price target on shares of Viper Energy from $55.00 to $51.00 and set an “outperform” rating for the company in a research report on Monday, September 15th. Weiss Ratings reiterated a “hold (c)” rating on shares of Viper Energy in a research report on Wednesday, October 8th. Finally, Wells Fargo & Company lifted their price target on shares of Viper Energy from $48.00 to $49.00 and gave the company an “overweight” rating in a research report on Thursday. Fifteen equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Viper Energy presently has a consensus rating of “Moderate Buy” and a consensus price target of $55.21.
Viper Energy Price Performance
Shares of VNOM opened at $36.35 on Friday. Viper Energy has a 1-year low of $34.71 and a 1-year high of $56.76. The stock has a market cap of $10.49 billion, a PE ratio of 10.51, a P/E/G ratio of 15.76 and a beta of 0.92. The firm has a 50-day simple moving average of $38.23 and a two-hundred day simple moving average of $39.08. The company has a debt-to-equity ratio of 0.13, a current ratio of 6.15 and a quick ratio of 6.15.
Viper Energy (NASDAQ:VNOM – Get Free Report) last announced its quarterly earnings results on Monday, August 4th. The oil and gas producer reported $0.41 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.07. Viper Energy had a net margin of 37.84% and a return on equity of 3.92%. The business had revenue of $297.00 million during the quarter, compared to analysts’ expectations of $285.35 million. During the same period last year, the business earned $0.62 earnings per share. The business’s revenue for the quarter was up 37.1% on a year-over-year basis.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the business. Financial Gravity Companies Inc. purchased a new position in shares of Viper Energy in the second quarter valued at approximately $27,000. Cullen Frost Bankers Inc. purchased a new position in Viper Energy in the first quarter worth approximately $34,000. AlphaQuest LLC purchased a new position in Viper Energy in the first quarter worth approximately $41,000. Golden State Wealth Management LLC lifted its stake in Viper Energy by 100.0% in the first quarter. Golden State Wealth Management LLC now owns 1,000 shares of the oil and gas producer’s stock worth $45,000 after acquiring an additional 500 shares during the last quarter. Finally, Assetmark Inc. lifted its stake in Viper Energy by 48.7% in the second quarter. Assetmark Inc. now owns 1,068 shares of the oil and gas producer’s stock worth $41,000 after acquiring an additional 350 shares during the last quarter. Hedge funds and other institutional investors own 87.72% of the company’s stock.
Viper Energy Cuts Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 21st. Stockholders of record on Thursday, August 14th were paid a $0.53 dividend. The ex-dividend date of this dividend was Thursday, August 14th. This represents a $2.12 annualized dividend and a dividend yield of 5.8%. Viper Energy’s dividend payout ratio (DPR) is presently 38.15%.
Viper Energy Company Profile
Viper Energy, Inc engages in the acquisition of oil and natural gas properties. It owns, acquires, and exploits oil and natural gas properties in North America. The company was founded on February 27, 2014 and is headquartered in Midland, TX.
Read More
- Five stocks we like better than Viper Energy
- Investing in Commodities: What Are They? How to Invest in Them
- This AI Chip Giant Could Be the Market’s Next Big Winner
- High Flyers: 3 Natural Gas Stocks for March 2022
- Broadcom Inks OpenAI Deal: Why It’s A Huge Win for AVGO Stock
- How to Short a Stock in 5 Easy Steps
- Institutions Are Fueling CrowdStrike’s Next Leg Higher
Receive News & Ratings for Viper Energy Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Viper Energy and related companies with MarketBeat.com's FREE daily email newsletter.